Qatar Airways has begun redirecting flightpaths through Saudi Arabian airspace, after the lifting of a blockade imposed more than three years ago. The airline’s service to Johannesburg – flight QR1365, operated by an Airbus A350-900 – crossed into eastern Saudi airspace shortly after its departure during the evening of 7 January. Qatar Airways’ flights had been barred from the territory after a blockade – which also extended to the United Arab Emirates, Bahrain and Egypt – was put in place in June 2017. This meant the carrier was forced to fly longer diversionary routes on its network, and also had to give up serving several destinations. But the diplomatic row was finally resolved during the first week of 2021 with Qatari and Saudi officials meeting at a Gulf Co-operation Council summit in Al-Ula, and Saudi Arabian authorities allowing the airspace and border to be re-opened. Saudi Arabia’s foreign ministry says the summit “emphasised Gulf and Arab solidarity and stability”, and stressed its appreciation for Kuwaiti government efforts to “heal the rift”. “We are in dire need to unite our efforts to advance our region and to confront the challenges that surround us – especially the threats posed by the Iranian regime’s nuclear programme,” the ministry adds.<br/>
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The parent company of Malaysia Airlines said on Thursday it was nearing the end of a debt restructuring process which it hopes will be completed by the end of the first quarter of this year. Malaysia Aviation Group (MAG) said it was in talks with around 40 creditors and lessors to take a haircut in its 16b ringgit ($3.99b) debt restructuring plan, adding it was confident it could achieve a “win-win” result for all. MAG has been in discussions with creditors for months as part of efforts to turn around Malaysia’s national carrier, long beset by high costs and a bloated workforce. The group warned leasing companies in October that state fund Khazanah Nasional, its sole shareholder, would stop funding the group and force it into a winding down process if restructuring talks with lessors fell through. “Good progress has been achieved with full support by a large majority of its creditors for a consensual agreement,” MAG said in a statement about the restructuring process.<br/>